Calculate Premium Instantly & Save UpTo 20%
Buy Policy in just 2 mins

Buy Policy in just 2 mins

Happy Customers

2 lakh + Happy Customers

Free Comparision

Free Comparision

Get Instant Quotes

1

2

D.O.B (eldest member)
Travelling To
Cover Amount
Trip Type
Stay Days

Travel Insurance Premium Calculator

The travel insurance premium calculator allows you to calculate the estimated premium cost that you need to pay to buy a travel insurance policy. Thanks to its online availability, you can use the calculator from any part of the world. With the help of this tool, one can purchase the best travel policy by comparing the plans of different insurance companies. While planning for your trip, it is always advisable to purchase travel insurance first hand so that you are prepared for all the contingencies that await your arrival.

What are the benefits of using a Travel Insurance Premium Calculator?

Travel insurance premium calculator comes with a lot of benefits. Let's take a look at some of them:

  • One can get an estimated amount of the premium before zeroing in on a travel insurance policy.
  • Allows you to go through different travel plans and judge them in terms of coverage and premium cost on a single platform.
  • There is no need to visit a company's branch or talk to an agent for premium details. The calculator works online and gives you all the information from the comfort of your home.
  • Based on your needs, you can add/remove any cover to witness a change in the premium calculation.
  • Finally, gives us a chance to bring the best travel insurance policy home.

Which factors affect Travel Insurance Premium Amount?

The below-mentioned factors should be considered before calculating your Travel Insurance Premium:

  • Coverage Amount: It is the amount of money, which is promised by the insurer to the insured person. This amount determines the premium you pay. The higher coverage amount demands a higher premium in return.
  • Type of insurance plan: There are several travel plans offered by companies like student policy, multi-trip policy, senior citizen policy, etc. The premium for the same differs according to the plan you choose.
  • Tenure of the trip: The duration of the trip also affects the amount of premium to be paid. The longer the trip, the higher would be the premium. It is advisable to go for a multi-trip policy if you plan to travel twice or thrice to the same place during a year, as it helps to save the premium.
  • Destination: Destination is another key factor that affects the premium. For example, a holiday in the United States would demand a higher premium as compared to a holiday in Srilanka or Malaysia.
  • Age of the insured: Senior citizens have to pay a higher travel insurance premium as compared to young individuals. This is because old folks are more prone to get sick while traveling.
  • Add-on coverage: If you home in on different add-ons to avail additional protection, you have to pay an extra premium for it.

How to use the Travel Insurance Premium Calculator on PolicyX.com? 

You don't need a master's degree to operate the calculator. Its steps are pretty simple to follow. Let's check them out.

  • Go to the top of this page, and find 'Get Instant Quotes' in the right-hand corner.
  • Enter the information like DOB of the eldest member, destination, cover amount, trip type, among others.
  • Once done, tap on 'Proceed'.
  • Submit your personal details- Name, City & Phone Number.
  • Click on the 'View Quotes'.
  • A list full of travel plans offered by different insurance companies will appear in front of you.
  • Choose the suitable plan from the list and pay its premium.

While travelling, having travel insurance is a must. Not only does the insurance cover you from different uncertainties, but also allows you to enjoy your trip in peace. Therefore, remember to use a travel insurance premium calculator to buy the best travel policy to fulfil your needs.

FAQ's

1. Do I need to disclose my income in the travel insurance calculator?

No. You don't need to disclose your income while calculating your travel insurance premium.

2. How reliable is PolicyX.com's travel insurance calculator?

The calculator uses the information provided by you and doesn't take the help of an agent to generate quotes from different companies. Its algorithm works fine and is very reliable.

3. Which documents are required to make a travel insurance claim?

Below are a few of the documents required at the time of travel insurance claim:

  • Claim Form
  • Tickets
  • Identification
  • Policy Documents
  • Airport correspondence

Your insurance company may ask for other documents such as FIR, hospital bills, among others.

Last updated on 02-12-2020